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    Home > Chemicals Industry > New Chemical Materials > Styrene fell slightly, and many orders reduced their holdings on the high

    Styrene fell slightly, and many orders reduced their holdings on the high

    • Last Update: 2022-12-18
    • Source: Internet
    • Author: User
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    On Thursday, the main contract of styrene EB2009 fell slightly, and the futures price closed at 5780 yuan / ton, -69 yuan from the previous trading day; Volume 77761 lots, -3334; Position volume 122393 lots, +28877 lots, basis -255 yuan, +70 yuan; 9-1 spread - 279 yuan, +2 yuan
    .

    styrene

    News: On June 13, the ship "Amber Princess" arrived, with a quantity of 6,000 tons, and on June 14, the ship "Ocean Crystal" arrived, with 6,000 tons
    of data.

    Spot market: Jiangsu styrene market has a slight concession sorting, there is no clear guidance for transactions, and the market atmosphere is still quiet and deadlocked
    .
    Smell, spot 5450/5500; 5530/5560 in June; 5650/5670 in July; 5740/5770
    in August.
    : yuan/ton

    Warehouse receipt inventory: Exchange warehouse receipt reported 0 lots, today -0 lots
    .

    Main position: The top 20 long positions in the main contract are 81426 lots, +331 lots, short positions are 91978 lots, -1538 lots, and net positions are -10552 lots, with a decrease
    in net space.

    As the overseas epidemic has eased, the deregulation of many countries has boosted market confidence, and the extension of production cuts by major oil-producing countries has also supported the market
    .
    Fundamentally, crude oil trend is firm, in May, the production of styrene downstream products has rebounded month-on-month, and styrene social inventories have fallen to support
    prices.
    However, social stocks of styrene are still at historically high levels, and more cargo arrivals next week may dampen its gains
    .

     

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